An untraditional DTI question

[Kyle Curtin]

Hi everyone!

I have a question about DTI that is a little different.

To give a little insight on my situation, I am 20 years old with a pretty well paying full time HVAC Tech position, as well as working as a Realtor. I live at home and just have my credit card as my only debt (on paper). I pay one of my parents cash for room and board, I do not have student loans, have been driving the same car (has been listed under one of my parents since I was 16) and I am saving for my first househack.

I am starting to prepare my financials to show a lender and hopefully get some answers this week regarding pre qualification, but decided to run my DTI calculation today just out of curiosity.

With the gross amount that I make every month divided by my very small credit card bill, I have a 2% back end Debt to income ratio.

Does anyone know if lenders would like to see me take on more debt to ensure that I can manage it, or am I in a pretty okay situation?

Thank you so much,

Kyle